Self-insured plan

In accounting, self-insured plan means a group health planBenefitsGroup health planA health plan an employer maintains for its employees — insured or self-insured. Subject to ERISA for a private employer, and to COBRA once the employer has 20 or more employees that pays claims out of the employer's own funds, usually through a third-party administrator and with stop-loss insuranceBenefitsStop-loss insuranceA policy that reimburses a self-insured employer when claims pass a threshold — per person (specific) or in total (aggregate). It insures the employer, not the employees, and is generally not health insurance under state law. Generally not subject to state health insurance laws, though the ACA's group market reforms still apply.